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Profits, Not D.E.I., Are Why Companies Exist
An awkward truth has become evident in the first days of the Trump administration, as many firms mute their commitments to diversity and sustainability.The New York Times - 1d -
Block shares fall on profit, revenue miss
Block, formerly known as Square, got off to a sluggish start on Wall Street this year after underperforming the Nasdaq in 2024.CNBC - 1d -
Supreme Court tackles straight woman’s 'reverse' discrimination case
The Supreme Court will hear the case of Marlean Ames, a straight woman who said she was denied a promotion and demoted in favor of two people who are gay.NBC News - 1d -
Culture wars: Trump’s takeover of arts is straight from the dictator playbook
US president’s attempt to control or dismantle cultural institutions plays into a long history of authoritarians using arts to push their agenda. In 1937, leaders of Germany’s Third Reich hosted ...The Guardian - 11h -
Walmart shares drop as retailer says profit growth will slow
Walmart has factors that could work in its favor, including a growing online business and market share gains from higher-income shoppers.CNBC - 1d -
Rivian keeps promise on making a profit, but here’s why the stock is falling
Rivian Automotive Inc. makes good on its promise to get to its first quarterly gross profit and blows past Wall Street estimates for its sales.MarketWatch - 1d -
Berkshire Posts Gain in Profits, Boosted by U.S. Treasury Holdings
Warren Buffett’s conglomerate held $334 billion in cash at the end of 2024, helping to stabilize earnings in the face of declines at more than half of the nearly 200 businesses it operates.The New York Times - 1h -
Videogame giants are spending more money but losing players — and profits
Sony, Electronic Arts and Ubisoft reflect an industrywide misunderstanding (or perhaps disregard) of what gamers value.MarketWatch - 2h -
Kyrie Irving scores 35 points to help the Mavericks beat the Pelicans 111-103 for 3rd straight win
Kyrie Irving scored 35 points, PABC News - 16h